Safeguards proposed by the European Union to protect EU steel mills from the impact of imports would lead to crippling price hikes for European manufacturers, a lobby group representing European steel-using…
Copper prices soared to records above $13,000 a metric ton on Monday, driven by fears of shortages and expectations turmoil in Venezuela could accelerate the broader race to secure critical minerals.
Precious metals began the first trading session of the New Year by building on the major gains of 2025 as geopolitical tension and expectations of U.S. rate cuts keep demand for gold high. Spot gold was…
2025 will be remembered for punitive US tariffs, hard-hitting European policymaking and significant merger and acquisition activity – either concluded or anticipated. It has also raised significant questions…
At the start of last week, major mills had expected that the imposition of export licensing would limit the outflow of low-priced non-VAT hot coils into the market and therefore allow the makers to raise…
Global coal demand will reach a record high of 8.85 billion tons (+0.5% y/y) in 2025. However, it is expected to decline by 2030. This is stated in the December report of the International Energy Agency.
In January–October 2025, the European Union reduced its imports of direct reduced iron (DRI) by 23.8% y/y – to 1.72 million tons. Despite the overall decline, the structure of imports underwent significant…
Global steel production in November 2025 decreased by 4.6% compared to the same month in 2024, to 140.1 million tons. Compared to the previous month, the figure fell by 2.2%. This is evidenced by the…
Gold broke above $4,400 per ounce on Monday, while silver approached $70, as expectations of looser U.S. monetary policy and geopolitical tensions drove both metals to new record highs.
Copper inched up on Friday to move within $25 of the record high after another bullish forecast by Goldman Sachs highlighted mine supply constraints. Benchmark three-month copper on the London Metal Exchange…
American steel company Nucor has notified customers of another increase in the weekly spot price (CSP) for hot-rolled coil (HRC). For the current week (December 15-21), offers rose by $10/t or 1.1% compared…
